3 ms·
I remember reading about PE's involvement in hospice care and it made me feel sick to my core. https://news.ycombinator.com/item?id=32597326 https://news.ycomb
by handwarmers 3y ago
I remember reading about PE's involvement in hospice care and it made me feel sick to my core.
https://news.ycombinator.com/item?id=32597326 https://news.ycombinator.com/item?id=32597326 ( When private equity takes over a nursing home)
The Portopiccolo Group got sued, but the lawsuit did not go anywhere. https://www.mcknights.com/news/shuttered-nursing-home-avoids-class-action-in-understaffing-lawsuit/ https://www.mcknights.com/news/shuttered-nursing-home-avoids...
they are shady to say the least - https://medicareadvocacy.org/private-equity-and-nursing-facilities-a-bad-combination-for-residents/ https://medicareadvocacy.org/private-equity-and-nursing-faci...
Also see - https://news.ycombinator.com/item?id=36108182 https://news.ycombinator.com/item?id=36108182 ( Private Equity Is Now Dominating the US Hospice System)